Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025

Page 44 of 52 · WEF_Schwab_Foundation_for_Social_Entrepreneurship_Annual_Report_2024_2025.pdf

Schwab Foundation Summit 2025 The Schwab Foundation Summit 2025 brought together nearly 200 social innovators, public and private sector leaders, and ecosystem partners from around the world for three days of collaboration, learning and strategic dialogue. Held in Seoul, the summit explored how social innovation can drive systemic change amidst global uncertainty – from economic disruption and geopolitical shifts to climate impacts and social fragmentation. The event saw strong national engagement, with opening remarks from Tae-Won Chey, Chairman of SK Group and the Korean Chamber of Commerce and Industry (KCCI), and participation from other senior representatives of SK Group, Hyundai, CJ Corporation and KCCI. The presence of congressmen from the Democratic Party highlighted the incumbent government’s strong continued support for social innovation. Widespread coverage in Korean media further underscored the summit’s national relevance and the valuable role the World Economic Forum and Schwab Foundation can play in connecting global and local innovation efforts.At the summit, two major initiatives were launched to support the future of social innovation. The Youth and Social Innovation Initiative was introduced to strengthen intergenerational leadership and address key barriers faced by youth-led and youth-focused social enterprises. In parallel, the foundation released a new report, Redefining Value: From Outcome-Based Funding to Tradeable Impact, proposing innovative financial models that assign real economic value to social and environmental outcomes – unlocking new pathways for private capital to accelerate systemic change. Lastly, a group of social entrepreneurs formed a task group focused on opportunities and distinct challenges that for-profit and hybrid social enterprises face. Image: Nearly 200 social innovators, entrepreneurs, impact investors, ecosystem organisations, young changemakers, and global corporations united in Seoul for the Schwab Foundation Summit 2025. Credit: Schwab Foundation for Social Entrepreneurship It was a week of broadening horizons – realizing that many of us are at similar stages, even in very different parts of the world, and learning firsthand from others’ experiences about the value of the network. Juan Jose Ayerza Fundación TECHO, Chile Schwab Foundation Annual Report 2024–2025 44
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